Film

Domestic NZ film and television productions

Establishment and set-up

  • What structure is best for your project?
  • NZ Screen Production Grant criteria and entity choice
  • Co-production treaties/agreements
  • NZ taxes – income tax, withholding taxes, GST, Approved Issuer Levy, individual taxes
  • Financing arrangements – NZ Government, private equity, bank
  • The most effective funding structure for your NZ film production project
  • Financial reporting implications and options
  • Company assistance – company incorporation and registrations, bank account set-up, company secretarial compliance
  • Set-up agreements and documentation advice best suited to your project – interparty/production funding agreement, NZSPG loan agreement, cast & crew assignments, security deeds, banking deeds
  • Cashflow forecasts for funding bodies/NZSPG lender

 

New Zealand Screen Production Grant

  • Advising on NZSPG criteria and requirements, including the Additional Grant
  • Opinions on film grant entitlement and likely (budgeted costs) quantum of grant
  • All registrations/waiver applications, preparation, project-managing processes
  • Grant application completion (including provisional applications, if appropriate) and project-management, including liaising with your grant auditor and the NZ Film Commission’s consultants, to approval and receipt

 

Financial accounting

  • Financial accounting obligations
  • Processing and payment of payroll and supplier invoices
  • Post-production accounting
  • Financial statements preparation

 

New Zealand taxation planning and obligations

  • Summary NZ tax outline for production companies and other entities
  • Income tax & GST & withholding taxes
  • Understanding multi-year tax accounting impacts
  • All local taxation compliance matters, tax payments, tax returns and filings
  • GST return preparation & reconciliation, filings and optimal cash flows
  • All liaison with NZ Inland Revenue managing payments, filings, assessments, tax accounts, reconciliations

 

Managing contracts with cast and crew

  • Understanding the individual and loan-out NZ tax issues
  • Engagement basis as contractors or employees
  • Production requirements and cast and crew taxation parameters
  • Overseas cast and crew NZ tax obligations
  • Assignment arrangements and split contracts
  • Engagement of cast and crew that supports your film grant entitlement